Chemical Engineering Plant Economics (MCQs)

Pick out the wrong statement.

  • A. Debt-equity ratio of a chemical company describes the lenders contribution for each rupee of owner’s contribution i.e., debt-equity ratio = total debt/net worth
  • B. Return on investment (ROI) is the ratio of profit before interest & tax and capital employed (i.e. net worth + total debt)
  • C. Working capital = current assets + current liability
  • D. Turn over = opening stock + production closing stock
Answer: Option C.
Explanation: 
No answer description available for this question

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